The Prosperity Podcast

No B.S. Money Guy Todd Strobel talks with Rick Randall about estate planning for people with modest means of wealth. Together they will address the cost of doing a trust the wrong way and who needs to have a trust created.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Summary:

No B.S. Money Guy Todd Strobel talks with Rick Randall about estate planning. Together they debunk the common myths with trusts and explain the 3 main protections that come from a trust.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

National Network of Estate Planning Attorneys - https://nnepa.com

Randall, Gentry & Pike - http://www.lifespanusa.com/public/default.asp

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:25 Today's topic: Estate Planning with Rick Randall

01:18 Rick's background

03:01 The typical client experience with estate planning

05:25 Common myths with trusts

08:09 Different types of trusts

12:51 The 3 main protections that come from a trust

16:40 At what point do you need a trust?

No B.S. Money Guy Todd Strobel talks with Rick Randall about estate planning. Together they debunk the common myths with trusts and explain the 3 main protections that come from a trust.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about different alternative investments, debunk some common myths and explain what should be the foundation of all finances.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

Listener gift - Financial Planning Has Failed book and audiobook

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:28 Today's topic: How To Appreciate the Alternatives

01:41 How Kim and Todd started in the alternative investment arena

04:20 What most people think alternative investments are

05:30 Real estate investment trusts vs bridge loans

08:10 Should you be in life settlements or bridge loans?

09:40 Why cash value life insurance is your financial foundation

11:52 Hear Kim's story at www.partners4prosperity.com/ebook

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about different alternative investments, debunk some common myths and explain what should be the foundation of all finances.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about the invisible workload for women and the statistical differences between men and women and how it has an affect on finances and long term wealth and health.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

Listener gift - Financial Planning Has Failed book and audiobook

Book Live Your Life Insurance - http://liveyourlifeinsurance.com

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:29 Today's topic: The Invisible Workload For Women

01:25 Should we look at women and finances differently than we do men?

03:20 What happens when women become long term caregivers?

05:43 Utilizing a life insurance death benefit

08:12 Children buying policies on their parents for long term care

11:20 Comparing the statistical differences between men and women

13:15 Book on life insurance http://liveyourlifeinsurance.com/

17:24 What do you do with your free time?

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about the invisible workload for women and the statistical differences between men and women and how it has an affect on finances and long term wealth and health.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel review a recent article from JP Morgan titled: 7 Principles for Successful Long Term Investing. Together they cover each principle to see if it is aligned with the 7 Principles of Prosperity.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

Article on JP Morgan website

Listener gift - Financial Planning Has Failed book and audiobook

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:30 Today's topic: 7 Principles for Successful Long Term Investing

01:20 #1 Plan on living a long time

02:38 #2 Cash isn't always king

03:10 #3 Harness the power of dividends and compounding

04:37 #4 Avoid emotional biases by sticking to a plan

06:29 #5 Volatility is normal; don't let it derail you

07:58 #6 Staying invested matters

08:53 #7 Diversification works

15:37 Free ebook and audiobook - www.partners4prosperity.com/ebook

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel review a recent article from JP Morgan titled: 7 Principles for Successful Long Term Investing. Together they cover each principle to see if it is aligned with the 7 Principles of Prosperity.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about different problems with pensions and answer listener questions. In this episode they talk about the changing timetables with pensions and what to do to protect and build your wealth.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.